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a better economy and that reduces the debt. >> there is a headline predicting we will be producing more oil than saudi arabia beginning in 2020. this is something almost on imagined 10 years ago. -- unimagined 10 years ago. what is the role of the federal government? >> to do things that encouraged the results. to follow up on the fiscal cliff. you can solve this fiscal problem if you grow our role to position relative to everybody else's. a big problem is the percentage of government spending is more than its should be related to total gdp. if there is an easier for millet in the history of economics that -- formula ever in the history of america -- economics that more american energy equals more american jobs, i don't know what it is. it is all the jobs you have if you of a reliable supply of energy. the front page of the "the wall street journal" indicates a difficulty of connecting this cheap product we have in natural gas. we thought we would run out natural-gas as a country. connecting this cheap product with a more expensive market and getting it overseas. if we could become energy s
and the economy and jobs have been prumped by the politics of immigration. i think there are four paths. one could be the pass the senate not be taken up in the senate. there is a lottery that would flult raising the overall level of immigration. if there was an agreement to include that that bill could be passed. a second option which is what the president has ind indicated he favors is to link high skilled immigration with the dream act. so it is a broader solution around immigration. the third would be to say this deals with the 50,000, this deals with a million five. the third would be deal with 11 million which clearly we have to as a nation deal with and there is a desire now more than there might have been a month ago to do. that and i've heard a number of people talk about the need to take up the issue and called for a comprehensive solution. so that's third. the fourth path would be to say that this immigration path in the short run is challenging and build support for the senator warner's bill, such as regulatory issues and commercialization of research. those strike me as the four paths
cuts and a weak economy. it is the lowest since 1950. to reverse the trend is a major breakthrough. yes, we are talking about deficit deduction. we are talking about raising revenue to a level in which can begin to support the kinds of investments we need to make to train our future work force and to create an environment in which we can care for the elderly. >> the think americans will remain optimistic but this did of the economy? if we have not tackle the things we have just talked about like the cost of education, the housing market? we are figuring out some philosophical issues about taxing and funding? >> i think the economy has been growing slowly and steadily all in the absence of any movement, which we have seen over the test of the last year. i have worked on guantanamo for the past 10 years. my sense is that if there is some movement until the positive direction, which have not seen out of washington and enter a long time, -- in a long time, at least we will not see head winds. we are making some progress. i see that continue. >> i want to come back to what todd said earlier.
economy standards and other reasons. we still continue to have a problem. the report we are releasing today and the subtitle says it all. harnessing american resources and innovation. how do we leverage this abundance we have in the united states to our maximum benefit? washington is talking about our fiscal crisis. the relationship of our oil needs to this crisis are close. it is unnecessary ingredients. every recession in modern times has been preceded by oil price hike. we can cut all we want and raise revenue, we will never find a way to solve our fiscal troubles. how do we leverage this great abundance in the united states of for resources and our skills to help the country through these times and put us on a good footing for the next 50 or 100 years. i think this report is the beginning of a process of creating an effective and stable bipartisan consensus on energy policy. everything is about the zero sum game in this town. we see oil security as a unifying vision where people do not have to compromise their core principles. the environmental community can see a reduction in the
and the demand for oil -- actually, and the demand for oil continues to decline based on fuel economy standards and other reasons. and yet, with this revolution we still continue to have a problem. and i think the report that we're releasing today, the national strategy for energy security and its subtitle really says it all -- harnessing american resources innovation. and the first point is, how do we leverage this abundance we have in the united states to our maximum benefit? at a time when washington is talking about our fiscal crisis i'd say that the relationship of our oil needs to this crisis itself are close. it might not solve our fiscal crisis but clearly it's a necessary ingredient. every recession in the history of the united states in moden times has been preceded by or happening concurrent with an oil price spike. if we don't have continued growth we can cut all we want and raise revenue all we want, but we'll never find a way to solve our fiscal troubles. and i think this report really looks at how do we leverage this great abundance, this great blessing in the united states, both
it to some of the other developed economies, you can see how well australia is holding up. we've seen growth of just 2.5% in the u.s., 1.5% in canada and zero growth in the uk. locally, cutbacks in government spending weighed on the numbers and lower commodity prices also impacted on cash flow and the government is facing more criticism about its effort to keep the budget in surplus while the economy grows. >> the government has had the objective of making sure that we would bring our budget back to surplus when growth has been around trend. what we've been seeking to do through good budget policy has been to provide maximum flexibility to the reserve bank to a just rate so. the government will always put in place appropriate budget settings which will support growth and jobs. >> still, analysts say growth could slow further as the mining investment boom peaks. yesterday, the bank of australia cut interest rates to a record low of 3% and traders are looking further easing next year to offset the falling talks of trade, the high australian daughter and further cutbacks in government spending.
. it tells us what we know which is we have an almost stagnant economy. >> what is ok and what is troubling? guest: we are seeing some job creation. it is surprising the number of jobs created was 146,000. going into it, economists expected it to be half of that for two reasons. one was sandy up a center of the northeast. that through a lot of businesses offline. the other was economists thought businesses were getting freaked out by fiscal cliff situation in washington and basically would not necessarily be firing people basically putting everything on hold. they would simply not be making hiring decisions. there is other data saying that is what businesses are doing, and yet we saw a number saying all the new jobs. that indicates there is more momentum summer in the economy. host: retail is at the head of the list with 53,000 jobs. is that because of christmas? guest: they tried to take seasonal jobs out of it. that is not necessarily because of the holiday season. it does show consumers are shopping. that is one of the things you expect to come back early in a recession. those are not al
market. it is just going to affect the economy the same as gas prices or food prices going up on the poor and middle class. life will go on. just like life has gone on for the rest of the united states of america. but right now, i think the state of politics is very sad because they're seen -- there seems to be more of a game to be played and positions, one party having the upper hand over the other. not much is going to get done. and you have too many extremes on each side to make things a lot more difficult to run. and it makes it difficult on the president as well. i'm optimistic that the president got reelected, but pessimistic on anything really changing. have leased, anytime soon. -- at least, any time soon. host: and talking about actual change, if there will be a difference on january 1st or otherwise, in terms of taxes, politics, the fiscal cliff, john mckinnon, are any of these expiring? as part of our fiscal cliff series, we're looking at the bush tax cuts that are set to expire unless congress acts, and we are looking at spending cuts. our deductions on the chopping block unle
is going to take a more, i would say rational approach to how to deal with their own economy and how they deal with their own people, and how they deal internationally. and so i think generally there's been a feeling that there might be some hope there. however, now we are approaching, once again, a potential violation of a u.n. security council resolution, and we encourage the leadership in north korea to consider what they are doing here and implications in the overall security environment on the korean peninsula, as well as destination. >> anything new? we been hearing some rumblings for some time that there might be some activity on that front. anything new that you can provide in terms of insights into launches or things like that? >> well, i think you're tracking a pretty well. i think from the media today there are indications declared indications of their intention to do what they would call a peaceful satellite launch. and we believe it is in contradictory to the u.n. security council resolutions, that because of the nature of the type of missile they will be firing and the
to do or turn back the clock and return to the politics of old. >> translator: i will bring the economy out of deflation, correct the high yen, lead economic growth, enrich people's lives, and recover an economy where young people don't have to worry about finding jobs. i'll strengthen social security and will promote the reconstruction of the disaster-hit northeast. we'll aim to take back power by winning a majority along with the new komeito party. >> candidates from the following parties are also running -- tomorrow party, new komeito, restoration party, japanese communist party, your party, social democratic party. new party daichi, people's new party, new party nippon, and new renaissance party. candidates are trying to win one of the 480 seats in the lower house. there are 300 single-seat districts. parties win a number of the other 180 seats depending on how much of the proportional representation vote they capture. 1,294 candidates filed to run in the single-seat constituencies. and 1,001 candidates are running for seats in the proportional representation system. they'll share t
economy would take off and our country would be so much better off. >> chris, you understand the politics of the house from both sides. can john boehner cut a deal without eric cantor and paul ryan? >> i have a pretty good understanding of the house, but i always am a little afraid of wandering into house republican leadership politics. just to broaden the question a little bit -- i think the question is whether or not the speaker is going to be able to bring a good part of his caucus with him. that or require a united leadership team. >> i am talking short-term -- the next two or three weeks. >> i think that is going to be a requirement. i think one of the decisions the speaker will have to make is whether he is prepared to put a agreement on the floor of the house that might not have a majority of the republicans in the house in support. that is one of the questions. senator corker points out that there are a number of ways you can get to a yes on this, but it is not clear if there is a way to get to yes that necessarily brings a majority of house republicans. not that we cannot get a m
forward to a positive impact on the local economy. >>> thailand's auto industry was one of the hardest hit by last year's devastating floods. auto makers are a pillar of the thai economy. with factories ruined production was halted for months. this year has seen a dramatic turn around with record high production as nhk world reports. >> reporter: the thailand international model export is taking place here in bangkok. 38 automobile companies are showing off their new models. thailand's models show is one of the biggest in southeast asia. it kicked up last weekend attracting consumers to a new set of wheels. japan's honda has unveiled an eco friendly new brand for asian markets. rival nissan is showing it is popular compact car with more options to customize the interior of body color. 2012 has been a landmark year for the thai auto industry. annual production passed 2 million units. >> translator: today is the day we celebrate the great success of the local automobile industry. i believe we will be back celebrating production of 3 million units in the very near future. >> translator: we co
economy -- on the british economy, he had to read mcvet is taking much longer than in must got to balance -- he had to admit it is taking much habrÉ than it osborn when o address was first thought to balance the nation's books. >> the people want to know that we are making progress, and the message today is that we are making progress. it is a hard road, but we are getting there. >> he pointed to the economic problems globally that are making his job harder. as a result, the chancellor announced austerity would have to last for logger, until 2018, in fact. that means more benefits will now be squeezed, and there will be a tax rates on the pension pops. >> i know these tax measures willthought to balance not be r. ways to reduce the deficit never are. but we must act together. when you look for savings, it is fair to local to the 1%. >> with multiple forecasts being downgraded, it has now become an issue about competence. they argue not only has the chancellor failed, but failed on his own terms. >> it has been completely derailed. the one test they set for themselves, balance the books a
back this morning, a new report finds that exporting nat gas will actually help the u.s. economy, but not every day is a winner. >>> vice chairman alan blinder will tell us what he thinks. >>> a new study from the federal government shows exporting u.s. natural gas overseas has the potential to reshape the global energy markets. the obama administration has said the study will be central to the decision on whether to export. he said exporting the gas would be a bigger impact on the economy. >> slap in the face of dow chemical. of coke, not coke the beverage company. but this was something that was hotly disputed within the romney campaign. he really let this stuff go because the romney campaign had some very big givers that were chemical companies. >> do we know, say, very bad, how much will prices conceivableably go up if we become an exporter of natural gas? is it that great a difference? >> we burn offer more natural gas than we use. burn off, in other words literally, you see those flames, we flare more than we use. so we got a real excess of this stuff. >> the government say
to the economy. >> i'm wondering whether germany as we look at -- they're just above sort of recession territory at the moment. i'm wondering whether if they get better growth out of asia, that will offset the weakness that they're seeing in europe enough to keep them above the pencil line. >> what we've seen so far with today's numbers is exports are declining very sharp. they'll need asia and the u.s. to offset some of that demand weakness, but again, the biggest market for most is the euro zone. if the eurozone is performing badly, that will have a thok-on effect for those countries. >> there's a number of strategists saying after the u.s. has sort of led equities for most of the year, they're now saying europe is the place to be. from i think really the question you have to ask yourself is when cash, equities, credit, government bonds, where do you want to be. and equity in my mind mind is absolutely not. you need good growth numbers to justify the equity markets going up. now, i think there's a lot of investors looking at the yields on ghoechlt bonds or credits and that's motivating them to
imperative in the catholic marketing economy, is to exploit labor. in a globalized economy, the need to be price competitive is greater than ever. since transportation costs have dropped in the last 90 years and x put the labor can be used, the entire world is in competition in a way never like before. slavery has evolved from the old world into the allies broke as a primary way in which unscrupulous producers compete to advance profits while maximizing price competitiveness. to take all this theoretical jargon into a specific example you will be familiar with, take a apples and your iphones. they have 700,000 manufacturing jobs in china. the daily wage average, someone can correct me, but the folksmaking these phones -- they make around $2 or $3 an hour. people ask why doesn't apple move the jobs here? you cannot find anyone here legally whose income would max out at $3. and transportation is so inexpensive, they commit them over here and ship -- make them over there and ship them here. they are not involved in slavery but i'm giving you the sense of sourcing of labor are round the
ceo warns the cliff must get stalled or the economy could be stifled well into 2014. >>> even more dividends pushed into 2012. coach, american eagle moving up and oracle will play out three-quarters of dividends this year. >>> more strength in housing this morning. toll brothers earnings top expectations. we'll begin with the fiscal cliff. governors are set to meet today with the president and congressional leaders. governors are concerned about the impact of deficit reduction measures on their state budgebu. the latest gop offer would overhaul the tax code, raise $800 billion in new revenue but seek $600 billion in health savings, net savings add up to about $2.2 trillion over ten years. boehner called the white house's original offer la la land and it does appear that even though at one point bowles endorsed a blueprint like this, he's trying to distance himself from it right now. >> the president got re-elected. he's claiming he got re-elected in part because he wants to tax that 2%. he cannot go back on that. in the meantime, congress most of the republicans signed the grover n
business with key sectors in the iranian economy, with energy and shipbuilding and shipping and ports, this amendment that would shut down businesses that are involved in sectors which fund the proliferation activities of iran, of that regime, is crucial. in addition, the amendment is going to prohibit business with all designated persons connected to the iranian government. it bans trade and commodities used, it is designed to stop iran from busting sanctions by receiving payment in gold or using oil payments in local currency to buy gold. we have got to stop an effort to water down these sanctions. i say that because i remember the votes in the past, i remember our effort on the central bank. it was only because we got unanimous votes because we got so much sport that we were able to deploy those. let me add there's another portion of the amendments here that targets the regime for their human rights abuses and i think one of the areas where we have really been short, for those of you who talked to those who have been in the prisons, who have experienced the torture, seen the murder
can be validated. let's get this but do it in a way that exacerbates the uncertain economy. the second -- we have to happen through innovation. whether it is the space program or tax credits for renewable energy. all that is important. we have to keep that going. that will get hard because we will face is demographics. that is my 74th birthday on april 7. i am aware of the and aging population which i have become and we are an aging population relative to what we were. luckily, we have millions of fresh arrivals that are younger and are energetic and they come from all over the world. we have to make sure our education system lifts them to their highest aspirations. when the society ages, it tends to -- it declines. that is the big demographic imperative. i was reviewing one of my favorite books on the roman republic. how did this village on the tiber grow to be the absolute leader of the known world in a few hundred years? it expanded its territory by plunder, by what ever. details. it was not pretty. [laughter] it added people, it kept getting bigger and incorporated the people and t
the house of commons from the british economy -- on the british economy, he had to read mcvet is taking much longer than in must got to balance -- he had to admit it is taking much habrÉ than it osborn when o address was first thought to balance the nation's books. >> the people want to know that we are making progress, and the message today is that we are making progress. it is a hard road, but we are getting there. >> he pointed to the economic problems globally that are making his job harder. as a result, the chancellor announced austerity would have to last for logger, until 2018, in fact. that means more benefits will now be squeezed, and there will be a tax rates on the pension pops. >> i know these tax measures willthought to balance not be r. ways to reduce the deficit never are. but we must act together. when you look for savings, it is fair to local to the 1%. >> with multiple forecasts being downgraded, it has now become an issue about competence. they argue not only has the chancellor failed, but failed on his own terms. >> it has been completely derailed. the one test they set
lift at all. so what do we do? people are worried the economy is slowing because of the cliff. so what do we do? is it game over for equities should i take my -- hall of fame today and just go home? no, no, no. let me first say absolutely not. we simply have to get eveninger to a cliff resolution or to a situation where no one expects resolution. going with the latter, hey, that is new. let me walk you through here. today last week. last week, genuine hope a deal would get done. today, last week. if you recall, we heard from a host of executives. they met with the president. came out, the mic in their faces. they felt like compromise was in the air. compromise was real, imminent. even heard from the always skeptical ceo of goldman sachs. far apart. it could be hammered out without real difficulty if it were in the private sector. behind the scene, from skeptical to more positive. when i heard those execs touch base with them and spoke with them on both sides of the aisle i thought there might be more common ground, but in the last 72 hours many came to the conclusion, partly me because
to the global economy. the section that is very important -- i have gathered an extensive amount of data across the world, and by my calculation, the weighted average cost of a traffic slipped 200 years ago in 1810 was between $4,900.50 $900. there is a wide variance. -- $4,900 and $5,900. there are documents in bengal of people being sold for less than a cup of tea. many people were born into service. what is the cost of that? not too much. the average cost, the weighted average cost, has dropped precipitously. a calculated -- and how to light today the average is around $440. -- i calculate today the average is around $440. for sexual exploitation, a little more than 1900 dollars. you can still have people born into bondage and servitude today. you can have a victim of sex trafficking in western europe. the immediate economic consequence of this, appreciation and cost, it is an increase in return on investment, particularly when tied to the fact that you can exploit people in dozens of industries. the old world, calculated, roughly 15% or 20% return on investment. today, 300% or 400%. it migh
raise these taxes, it will not hurt the economy. [talking over each other] stuart: bill clinton raised taxes and the economy took off. >> there are a lot of things that influence the economy. not just taxes. there are other things. there is no monetary policy, which was great under bill clinton. do not forget that bill clinton did welfare reform. one of the most historic acts over the last 50 years. do not forget that we caught government spending within those years. the problem with obama's proposals is he wants more. this idea that raising tax rates does not hurt the economy because, you can go ahead and spoke three packs of cigarettes a day for the rest of your life because i know somebody who did that and he did not get cancer. stuart: okay. that was very good. [ laughter ] now, i know why you have not been on the show very often. i am at a loss for words when you are done. stephen moore, i do hope you come back and see us soon. >> thank you, sir. stuart: here is an example of what i call tax hypocrisy. costco founder going to save because of the dividend payment this year. not nex
our economy on sound footing for the future is not enough. we are calling for a framework to build out over the last ten years to reduce the deficit and restructure the fiscal policy. succumb as eventually to bring the budget into balance they must raise more revenue and encourage growth we must include parameters defined and future levels of debt as a share of the gdp and a date by which the budget will balance. and it must include changes to the discretionary spending, entitlements as well as defense. the elected leader should launch and extradited process to enact the legislation that will construct this remark in 2013 and putting powerful, the appropriate defaults and enforcement mechanisms. without a recalibrating sustainable fiscal policy, the united states international standing will decline and its national security will be undermined. such an outcome would be bad for the united states and in our view bad for the world. as pete said, she and i are joined here today with three distinguished individuals hoffa. we made a difference and had to come up with tough solutions to very c
in 2009. candidates will outline their view on how to right the japanese economy. they'll outline they're vision for how to supply the country's energy need after the nuclear disaster in fukushima. the official campaign lasts 12 days. voters head to the polls on sunday, december 16th. >>> there's another launch of long rang ballistic miss. >> caller:. there mi missile. north korean officials say the launch will happen between december 10th and 22nd be the rocket will head south. may that he had similar preparations in april. that launch ended in failure. they've given their schedule and planned trajectory to the u.n. in charge of maritime safety. officials with the international maritime organization say the north koreans pn to launch twee 7:00 a.m. and noon local time. the first stage of a three stage missile is expected to fall in the yellow seat west of south korea. the second is expected to land east of the philippines. alerts to shipping companies have been issued. government officials in seoul have seen the scenario before. foreign ministry officials met separately with envoys fr
, on everything from the american economy, to the royal baby, to his personal mission about child labor. ♪ [ ding! ] losing your chex mix too easily? time to deploy the boring-potato chip decoy bag. then no one will want to steal the deliciousness. [ male announcer ] with a variety of tastes and textures, only chex mix is a bag of interesting. >>> gordon brown is making his mission to stop what he calls the new slavery. millions of children around the world forced to work at shockingly young ages. the former prime minister is serving as the u.n. envoy for global education. and he joins me now. welcome to you, gordon. >> good evening. >> this is a really disturbing report. 215 million children globally are believed to be at work, of which 15 of the 61 million who don't go to school, are child laborers. you, amid your horror, have come up with some possible solutions. tell me what you think we should be doing about this. >> i think we should ban child labor for young children. and i think we should get these children to school. and what we are exposing this week is something quite intolerable that
will have a fundamentally adverse impact on the global economy spent it's doing it now with china and japan. that's interesting, as you've got two of the biggest economies in the world in a nightmare situation that raises a fundamental question, and it's of ending this myth that economics draws people closer together. part of the title today is "mischief or miscalculation?." during the cold war, what was interesting is you can have 17 different spheres of contact with the soviets and if two and if to implement you it's about 15 others. there was a lot of heavy investment figuring out how to communicate and how to coordinate, how to deal with escalation, how do you talk about that. and in this era, when i look at the amount of time, particularly in the obama administration, even more so than the george w. bush of administration, you look at senior officials who go to asia, throughout the region, and also the discussion and attempt to courtney with china. there seems to be a lot of that to try to coordinate. but again coming back to jim steinberg was the fourth member of this panel would happ
let our economy go over the fiscal cliff if a deal on higher tax rates for the wealthy is not reached? we're checking it out. back in a moment. [ male announcer ] research suggests cell health plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. it's easy to follow the progress you're making toward all your financial goals. a quick glance, and you can see if you're on track. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. >>> welcome back. this very public negotiation on the fiscal cliff still does not seem to be closing in on a deal. the white house out in campaign style events regularly, making multiple media appearances, kle including timothy geithner right here in 25 minutes. >> but would things be done faster if it was done privately? in his latest column, jeff goldfor a compares u.s. budget talks to merger proxy battles. jeff joins us to explain about that. plus, we have bob from jones day who
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innovative green building policies ensure while the city's population and economy continue to grow we are decreasing our carbon emissions and achieve a sustainable environment. for instance this requires all new buildings designed to meet the gas reduction goals. that means more than 6 million square feet of commercial space and 11,000 housing units all in the development pipeline have been designed using these principles. [applause] in fact san francisco was recently recognized by the world green building council as having the greenest building policy by any local level in the year 2011 and we just began implementing our existing commercial energy performance ordinance which helps private property owners lower energy use. through san francisco's program green sf we are making it easier for property owners to secure financing for green building upgrades and as can you see green buildings has become the standard rather than the exception. for our public libraries to affordable housing units, even to the home of our world series giants and their structure our buildings are achieving
billions of dollars according to economic forecasters. that's a big blow to an economy just getting out of a crisis. >> the strike is not only costly to the economy, it could also delay shipments of merchandise to be shoulder over the holiday season. >>> time now 6:40. tech gadgets are the hot items on this year's wish list. cnet's brian cooley is here to break down the top picks. >> the early numbers on the stock market a mixed bag. lots of time though. we'll chat about it with jason brooks when we come back. be at bank of america, we're continuing to lend and invest in the people, businesses, and organizations that call the bay area home. whether it's helping a nonprofit provide safe, affordable housing within the city, supporting an organization that's helping kids find jobs and stay in school, or financing the expansion of a local company that's creating healthier workplaces, what's important to the people of the bay area is important to us. and we're proud to work with all those who are making our communities stronger. powerful typhoon in the philippines. typhoon bop (boe-pah) roar
business with key sectors in the iranian economy, with energy and ship building and shipping and the ports, this amendment that would shut down businesses that are involved in sectors which fund the proliferation activities of iran and that regime is crucial. in addition, the amendment is going to prohibit business with all designated persons connected to the iranian government. it bans trades and commodities used in these key sectors and used to stop iran from receiving payment in gold or using oil payments in local currency then to buy gold and we have to stop an effort to water down these sanctions. i say that because i remember the votes in the past. i remember our effort on the central bank. it was only because we got unanimous votes because we got so much support that we were able to deploy those. but let me add that there is another portion of the amendment here that targets the regime for their human rights abuses. and i think one of the areas where we've been short, for those of you who have talked to to those in the prison there and experienced the torture, who have seen the murd
by climate change? >> our economy is mainly based on tourism. incidently, mainly from europe. there have been changes in the patterns of the fish, so our whole economy is now at risk. if it continues like this, the seychelles, the sea level rise will not be our biggest problem but we will become a failed state. >> you are in the indian ocean. place yourself geographically with other islands off the coast of africa that you are near. >> we are in the group of 115 islands east of kenya, north of madagascar. we cover a huge area of the southwestern indian ocean. we're at the full mercy of what happens in the ocean. we are ocean people. anything that affects oceans, whether through increased temperatures, acidification, which is a bigger threat to khor reece that morning temperatures. >> what happened with acidification? why is that a result of climate change? >> we are reaching the limits of carbon dioxide and water can take out of the air. we have abused the oceans as we have abused the forests. >> people here have said they joked that they found something with a label made in the u.s.a., and t
in one area for economy of force. they're going to be dispersed to be effective, and that requires a lot more presence. it depends on how scoped i think our national command authority says this is exactly what i want you to do with the mission set. that'll probably drive, okay, it won't be guys like me, it'll be joint staffers who are doing the real science and math on this on exactly what formations, what capabilities, and, therefore, how many civilians and military need to remain. i think that if you go to one end of the spectrum and go with just a few thousand soldiers, that's not enough to really secure yourself or do either too well. i think that's what my own research is doing. talking to a lot of smarter people in the week here in the capital region. if you go very large, you could run the risk of having the security forces from afghanistan become too reliant in those areas upon us because we're there taking care of them. i think they can be mitigated, i really do. there's got to be a really good, i think, science to exactly how you approach troops to task based upon the missions
with their own economy and deal with their own people internationally. so i think that generally there's a feeling that we might be some hope there. however, we are approaching a potential violation of the u.n. security council resolution and we encourage the leadership in north korea to consider what they're doing on the overall security environment on the peninsula as well as in asia. >> did you follow up anything new? we been hearing rumblings for a time. anything new you can provide in terms of insight into lunches are things like that? >> i think you're tracking it pretty well for the media today there are indications of what they will call a satellite launch. we believe it is still the u.n. security resolutions because of the missile they'll be fired and the implications it has for ballistic missiles activity somewhere down the road and the destabilizing impact it will have on the security environment throughout the region, not just dependent. >> can you follow up on some of that? what is your assessment? they say they saw birth of her problems at their failed launch. what is you
ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: house republicans today offered their counter- offer to the president's plan for a deal both sides say is needed to avoid year-end tax increases. the move was the latest volley in an increasingly tense face- off between the two branches of government. >> with 28 days left to come to a deal on the nation's fiscal cliff, the white house is holding firm on its proposal to raise taxes on the wealthy. spokesman jay carney. >> the obstacle remains at this point the refusal to acknowledge by republican leaders that there is no deal that achieves the kind of balance
kind of deal is inevitable. they feel it won't have much of an impact on the economy. mellow drama even. and this is their group of strong holders. well, i should be better off going over the cliff. rich will pay more on their fair shares and higher taxes on dividends. and the bloated defense budget. unnecessary social programs. i think we aren't where we need to be when it comes to abandoning all hope. i think those people are polyannas. i think we go into a recession with lots of layoffs and the fiscal cliff was designed to pr compromise. everyone knew about the growth. fewer jobs, larger deficit. as i said last night, it doesn't matter, we can pick our stocks and buy them down. ulta salons, but i want to suggest to other groups that are going to give you bang for the buck, betting that the hope will be squeezed out and the bottom gets put in before a deal is made. why not? we know the auto market is for 11 years now and we have been sweet on ford domestically. what are some of the other key areas. asia already turned. i think europe could be stablized. ford is the one to watch. i'm o
like the economy really moving again too, and now can you see it reflected many some of the moves these big companies are making. what is happening is that they're being forced to streamline to keep things operating as tightly as possible. it will cut 99,000 jobs arnold the world, and this is a global layoff, and they're doing this in an effort to save about $1 billion. michael corbitt says these actions are logical next steps in citi's transformation. suzanne, to remind our viewers, the bank has struggled more than some of its rivals after the financial crisis. now, i also want to update you on what's happening with lockheed martin. lockheed marten is relocating hundreds of jobs from georgia to texas. employees who work on the company's f-22s will have the option to move from marietta to fort worth by the end of march. if they choose not to, they'll either be reassigned or laid off. you're going to hear similar situations at other companies too, and these moves are one of the more unfortunate aspects of an economy that's really having trouble rebounding, suzanne. >> explain to us
this out. i think america's got to think that what it needs to do is get growth in its economy as well. and it needs to get growth by trade and exporting. i think what we're missing at the moment is a global agreement whereby big powers try to rebuild confidence in the world. yes, have you to sort out the fiscal problems. yes, you also have to have growth because that's the key to employment and to prosperity to the future. there's a global deal waiting to be done with china, europe, india also involved in this and, of course, america itself, where we could build the confidence that is necessary to get higher levels of growth around the world. >> and finally, gordon brown, i couldn't let you go without asking the view of the single biggest news story to hit the planet in the last week, of course, the royal baby. >> it's incredibly important that we give them the privacy because her health is a massive issue. you can see that britain thinks we have a monarchy you can see, prince charles and prince william and then the baby that is -- comes from the pregnancy, you can see the monarchy st
. the economy around braille is, i think, pushing a lot of people to think about all the other forms, particularly the digital form the novel. while many people still speak grill, use braille to mccrery brill, as the printers and the punches that are part of the braille language, we are seeing, i think, many elderly years not use braille but rather use obviously all of the other audio and connected forms that there are in terms of communication. so many of the hand-held devices have speaking capabilities and audio capabilities. on not to make any predictions about brail, but i think we are seeing less and less of it. it is interesting as we talk about the transition of braille and the movement. one of our challenges is that we have many transitions in the world talking books. the transition from braille to all the other forms. the transition from the old cassette tapes, which is a technology that the national lover service will stop completely at the beginning of next year. there will be producing anything in those tips forms. that will be done. and in most people's personal lives ca
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